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The dribbly one sold out last week making a loss of course and is now posting on a share he doesn't hold. As for the dodgy pot he is now gloating after being wrong all the way down. to .55p. For balance today's statement is a lot stronger than I imagined but the detail and prospects are worth looking into. I already mentioned director buying. Today is a large relief rally on a titbit of good news in a beaten down stock. Very few people have made money here and there were some interesting large trades here today. More to unpick here for sure. I say sell into the rise if you bought at the bottom, hold on if you have been almost wiped out but given its history be wary of buying into the spike.
Important to consider the fact that FLX like a number of SME’s will be making use of the Government’s financial /employee packages reducing overheads/costs for the next few months.
Sure the Station Master and Shep have spewed their usual bile as can see 3 or 4 posts that have been “filtered” , more fool anyone not blocking them.
Even at this new price, I could buy in cheaper than I sold at - thanks to FK1.
I posted before I saw FK's latest comment.
FK1 has been right all the way down. His track record of correct forecasts cannot be denied.
Thanks to his advice, I sold at a higher price and could now buy back in cheaper.
He has previously said that there may come a point where the sp drops so low that it is worth a flutter. However, his comment about "death spiral" does seem to be contradictory to that view, but he is a genuine person - one of the very few honest voices on here - and I'm sure he will soon clarify his view.
I have posted, countless times - "Don't buy until FK advises that it is safe to do so".
I still see that as the best advice on here. Don't go against the advice of someone who has been consistently right - i.e. FK1. It isn't sensible to go along with the advice of those on here who have been consistently wrong (those who said that 1.2p was a bargain price, etc.) - i.e. the worm and the slimeball and others.
I sold at a higher price and could now buy back in cheaper - if FK1 says it is worth a punt.
Ah the old " Anyone who doesn't have my opinion is a troll" line is what passes as an intelligent post from Ron Mc D. The only view that can be valid is mine ( Mr McD) and anyone who disagrees has an agenda in the sick world of R9nMcD. I don't think BB's are your thing Ron. I would avoid them.
That said today's up date is much better than I thought but best to have a good look under the bonnet here. %0% is a nice rise for those few who were fortunate enough to get in at the all time low. It will be interesting to see if Directors pile in as it is cheaper than their new options. And if not, why not?
Fk1 is a troll - forget him/her. Just look at the facts:
*£1m of significant new orders between December and mid-February in the Cyber division (in addition to the usual run rate of the cyber business and are the result of new high-profile customer wins as well as incremental spend by existing customers.)
*The Group has also been successful in cross-selling new services to its existing MDR customers. These new customer wins (the majority of the revenue for which will be recognised in the next financial year), combined with much stronger recurring revenues in the Assynt strategic intelligence division, result in the Board expecting to deliver revenues of circa £5.9m for the year ended 31 March 2020 representing growth of 13% on last year.
*Covid-19: our technical infrastructure in addition to our processes and protocols has resulted in zero interruption to our service provision. We are, therefore, fully able to service our clients in this period with no loss of quality or service.
The question on how close to profitability FLX is remains (I think), but since they ditched the furnace project which was a black hole in their finances, FLX must be pretty close or there already. It's also important to understand that the company is growing - staff numbers are going up to win more business, which will affect profitability as it does for any company that seeks to grow
Down 8% as the death spiral continues. One half at least of the dribbly dodgy duo have sold out hhaaha on a large loss so only one clown left in this circus. Though he might have put the money he doubled in a week back in as he said. There was a £500 buy today.
Sorry for all holders stuck in this dog. Some shares should never ever be listed. Must be haemmorghing cash and with no contract announcements and no placing possible I suppose a share consolidation is all that is left. Or taken private for .8p if that is allowed. Terminal.